All categories

2 years ago

Case Problem Analysis: Jurisdiction

Business

2 answers:

Natali5045456 [20]2 years ago

6 0

There are different kinds of cases. The answers to the questions are blow.

Before any court can hear any dispute between Miriam and the trucking company, it must have the jurisdiction to do so.

In order for Marya to sue the trucking firm, she has to file the lawsuit in a court that also has personal jurisdiction over the <u>Defendant</u>.

Georgia and Florida have personal jurisdiction over the trucking firm?

Yes, Marya sue the trucking firm in Georgia and Florida state courts.

Miriam would likely NOT want to sue the trucking firm in Georgia because she would need to;

Get a lawyer in Georgia
Make multiple trips to Georgia
Have witnesses travel to Georgia.

Miriam would likely want to sue the trucking firm in Florida because:

1. The court is closer to her home

2. She can better research for local lawyers

Miriam can sue the trucking firm in a federal trial court because residents of different states.

over $75000

<h3>What takes place in a court case?</h3>

In a trial done in a court, lawyers often present evidence via witnesses who are known to testify about what they have seen or known.

After all the evidence had been presented, the lawyers will then give their closing arguments and lastly, the jury then decides if the defendant is guilty or not guilty.

Learn more about jurisdiction from

brainly.com/question/681072

finlep [7]2 years ago

4 0

Answer:

hiking trails in ur life God

You might be interested in

Which of the following statements is correct? Managers will be more likely to pursue projects that will benefit the entire compa

PilotLPTM [1.2K]

Answer:

A.Incorrect

B. Incorrect

Explanation:

a) A manager might reject a proposal using ROI that the manager would accept using residual income

The statement is incorrect. The reverse is true. Using ROI entails the manager comparing the ROI after a project to the ROI before, where implementing a project makes the ROI after to be less than what it before the project, the Manager would most likely not implement the project. This would happen notwithstanding that the project produces positive residual income.

b) Managers will be more likely to pursue projects that will benefit the entire company when being evaluated on ROI instead of residual income.

This statement is incorrect. ROI makes the manager to pursue his own interest and that of its division at the expense of the group objectives. It leads to sub-optimal decision

3 0

3 years ago

Since 2008, Ben has owned all 100 outstanding shares of N and M Corporation’s stock. Ben’s basis for the stock is $50,000. In 20

FromTheMoon [43]

Answer:

A. $75,000 dividend

Explanation:

This is not a capital gain as it do not come from the change in the value of the previously owned shares this are new shares.

The shares which N and M provide in favor to Ben are an stock dividend thus, the tax treatment should be of dividends as well.

6 0

2 years ago

A cash dividend payment to shareholders during the year should be reported on the statement of cash flows as:Multiple ChoiceAn i

mafiozo [28]

Answer:

A decrease in cash flows from financing activities

Explanation:

When cash dividend is paid,

It is an outflow of cash as paid, therefore it will decrease the cash flows.

Further dividend is paid to equity, or preference capital raised for business, which is a financing activity.

Therefore, a cash dividend paid to shareholders will result in decrease in cash flow from financing activities.

Whereas cash dividend received is investing activity.

Final Answer

A decrease in cash flows from financing activities.

3 0

3 years ago

Read 2 more answers

Joe and Michelle have a partnership firm. Based on the income-based method of calculating GDP, what category is the income earne

tekilochka [14]

Answer: B) employee’s compensation.

The income approach to measure gross domestic product or GDP starts with the income earned (wages plus plus rents plus interest plus profits) from the production of goods and services.

Based on the income-based method of calculating GDP, income or wages earned by Joe and Michelle for being partners can be categorized under B) employee’s compensation.

3 0

2 years ago

In 2016, Saratoga Company had the following financial data: Operating income $320,000 Interest received $50,000 Interest paid $9

ololo11 [35]

In 2016, Saratoga Company had the following financial data: Operating income $320,000 Interest received $50,000 Interest paid $90,000 Dividend received $100,000 Dividend paid $150,000 Dividend of $100,000 was received from Findlay Inc. which is one of the companies that Saratoga company invest. As of the end of 2016, Saratoga Company owns 35% of Findlay, Inc.

Using the corporate tax rate table given below, what was the company’s tax Liability (just federal corporate income tax) for the year 2008?

335,000 - 10,000,000 34% 113,900 + .34x(inc>335,000)

Answer:

$78,200

Explanation:

From the given information:

Operating income = $320,000

Interest received = $50,000

Interest paid = $90000

Dividend received = $100000

Dividend paid = $150,000

Therefore:

Saratoga Company Total Income = Operating income + Interest Received + Dividend Received - Interest Paid - Dividend paid

Saratoga Company Total Income = $320,000 + $50,000 + $100,000 - $90,000 - $ 150,000

Saratoga Company Total Income = $470000 - $ 240000

Saratoga Company Total Income = $230,000

According to the table given ;

The table tax percentage = 34 %

= $230,000 × 0.34

= $78,200

7 0

3 years ago